The US dollar’s upside momentum eased yesterday in North America, and follow-through selling was seen in Asia and the European morning. The dollar is lower against nearly all the major and emerging market currencies. The...
All that is solid is melting. After Copernicus, we know that earth is not the center of Creation. Darwin showed us that humans are part of the animal kingdom. Freud told us we are not even...
The pressure is on for US cell service providers to grab a slice of a rare new spectrum going up for bids. With lots of ground to cover, T-Mobile has its wallet wide open. But...
Americans have a saying about an 800-pound gorilla in a room. It refers to a person or organization so powerful that it can act unilaterally. The British have an expression about an elephant in a...
Pokemon Go players have stumbled into places they really shouldn’t be on the hunt for digital monsters. It seems that for some fans of the popular app, catching them all is more important than personal...
“The worst is over.” That has been the meme in the oil business in the second quarter. Folks in Houston’s and Calgary’s office sector, companies that supply the oil patch, and everyone else associated with...
An amazing thing happened at the Republican Convention when some unexpected language showed up in the official 66-page Republican Platform 2016, a document that a delegate from Texas enthusiastically called, “the most conservative platform in...
China wants to become a leading high-tech power by 2049. To achieve this goal, Chinese businesses are acquiring firms and know-how in the West. But many industry experts are concerned about the development. Chinese President...
The risk that the UK votes to leave the EU next week is the dominant force in the capital markets. It is a continuation of what was seen at the end of last week. Sterling...
For various reasons, well beyond the scope of this short note, China has amassed huge industrial capacity, well beyond its ability to absorb. In part, that is one of the challenges that the “One Belt...
The decline of US manufacturing in the cacophony of regional and national indices, which started in mid-2014, is a sight to behold. Today we got two national indices for April. Both added more gloom to the...
Another retailer is heading for bankruptcy. This time Aeropostale, with 800 teen-clothing stores, after three years in a row of losses. It’s “preparing to reorganize under a Chapter 11 bankruptcy, and could file as soon as this...